Financial Statements for Quade Company Appear Below Total Dividends Paid During Year 2 Were $210,000,of Which $18,000

Essay

Financial statements for Quade Company appear below:

$\begin{array}{|l|r|}\hline&\begin{array}{r}\text { Quade Company } \\\text { Income Statement }\\\text { For the Year Ended December 31, Year 2} \\\text { (dollars in thousands) }\end{array} \\\hline \text { Sales (All on Account) } & \$ 2400 \\\hline \text { Costs of Goods Sold } & \$ 1680 \\\hline \text { Gross Margin } & \$ 720 \\\hline \text { Operating Expenses } & \$ 280 \\\hline \text { Net Operating Income } & \$ 440 \\\hline \text { Interest Expense } & \$ 40 \\\hline \text { Net Income before Taxes } & \$ 400 \\\hline \text { Income Taxes (30\%) } & \$ 120 \\\hline \text { Net Income } & \$ 280\\\hline\end{array}$
Total dividends paid during Year 2 were $210,000,of which $18,000 were preferred dividends.The market price of a common share on December 31,Year 2 was $230.
Required:
Calculate the following for Year 2:
a)Earnings per share.
b)Price-earnings ratio.
c)Dividend yield ratio.
d)Return on total assets.
e)Return on common shareholders' equity.
f)Book value per share.